Giant $400 million building company Stevens Construction collapses

  • 📰 9NewsAUS
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The firm had a portfolio worth more than $400 million, ranging from luxury apartments and affordable housing to retail projects.

Stevens Construction has collapsed two months after going into voluntary administration. According to its website, its $400 million portfolio includes two luxury apartment buildings with prominent millionaire John Singleton, KFC and McDonald's outlets, as well as a number of Dan Murphys, BWS, Woolworths and other shopping centres.

When it appointed administrators in late May, the company said those factors contributed to the company's collapse.The fourteen-storey luxury apartment and office building Bonython Tower, built by Stevens Construction with John Singleton.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 10. in BE

Belgique Dernières Nouvelles, Belgique Actualités